Income Tax
Income Tax
Income tax considerations are an important part of wealth planning.
Understanding the income tax rules that apply to you and your assets can help you make informed decisions for your own wealth plan.

Federal income taxation of trusts
A common question for a grantor or a beneficiary of a trust is: “How will income in my trust be taxed?” Unfortunately, the answer to that question can be complex, because it is dependent on many factors, including the type of trust, the rights of the beneficiaries under the trust, and the activity in the trust during the tax year.
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Please contact a CIBC Private Wealth advisor for more information.
*Net Investment Income Tax, 26 U.S. Code Sec 1411, 2013.